Survey Says: “Time to Mix Bitcoin with Gold”
A recent poll by the Nakamoto Project has revealed a surprising pro-Bitcoin sentiment across the United States. Conducted by Qualtrics between February and March 2025, the survey asked 3,345 people — balanced for U.S. Census demographics — how much of the U.S. gold reserves should be converted into Bitcoin. Most respondents supported diversifying between 1% and 30% into BTC, with younger Americans favoring higher allocations.
Even Satoshi Action Fund’s Dennis Porter, though skeptical at first, called the results a radical shift in public opinion. Americans are no longer just “curious” about crypto — they want it backing their country’s assets.
4 in 5 Americans want some US gold reserves converted to bitcoin. pic.twitter.com/ibxXfe04g5
— The Nakamoto Project (@NakamotoProjct) May 19, 2025
4 in 5 Americans want some US gold reserves converted to bitcoin. pic.twitter.com/ibxXfe04g5
— The Nakamoto Project (@NakamotoProjct) May 19, 2025
White House Bitcoin Strategy Gathers Steam
Bo Hines, adviser at the White House, is now spearheading a bold initiative: selling Federal Reserve gold certificates to buy up to 1 million BTC over five years. That would be the largest single crypto accumulation in history. The move aligns with the Bitcoin Reserve Asset Act of 2025, introduced by Senator Cynthia Lummis, which officially labels Bitcoin as a “strategic national resource.”
Even Health Secretary Robert F. Kennedy Jr. has weighed in, proposing a one-to-one match between U.S. gold and BTC holdings. Currently:
- U.S. Gold Holdings: 8,133 tons (~$830B)
- U.S. Bitcoin Holdings: 207,189 BTC (~$22B)
The proposal could massively increase the federal Bitcoin stash.
Trump, States, and Banks Get Behind BTC
President Donald Trump has openly endorsed the idea, framing Bitcoin as “America’s digital weapon” in the race for financial dominance.
Several U.S. states are already leading the way:
- Arizona is building a digital asset reserve with staking and token incentives.
- Other states allow up to 5% of reserves in BTC and gold.
- Corporations like Strategy (MicroStrategy) and Metaplanet are also stacking BTC as a treasury asset.
Banks are noticing the trend too.
JPMorgan: Bitcoin > Gold in 2025?
In a research note, JPMorgan analysts said that Bitcoin is on track to outpace gold this year, driven by new inflows and strong investor interest.
Here’s what they’re seeing:
- Bitcoin ETFs have received huge inflows in 2025.
- Gold ETFs, like SPDR Gold Trust, have seen net outflows since April.
- Bitcoin prices are climbing, while gold has softened.
A Tectonic Shift in Financial Policy?
As momentum builds, many analysts believe the U.S. Treasury’s portfolio may soon include a significant Bitcoin allocation — one backed by public support, political alignment, and a shifting global economic paradigm.